12429 Damasco Ct
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12429 Damasco Ct

D

Rancho Bernardo, CA 92128

$1,499,999
NEW — 2d

Soft Appraisal Value: $1,462,700 · 2.6% above estimate

Beds

4

Baths

2.5

Sqft

2,061

Year Built

1971

Days on Market

2

Property Type

Single Family

HOA/mo

$41

MLS ID

260010246SD

This property is in Rancho Bernardo (92128). View neighborhood stats →

About This Property

This 4-bedroom, 2.5-bath home offers 2,061 square feet of thoughtfully designed living space, highlighted by vaulted ceilings, abundant natural light, and a seamless connection to the backyard. Set on an oversized lot backing to open golf course space, it delivers a rare combination of privacy and usable outdoor living. Tucked away on a quiet cul-de-sac within the highly sought-after Poway school district, the home balances location, layout, and functionality. The larger driveway provides added convenience, and the two-car garage features epoxy flooring, built-in cabinetry, a dedicated tool table, and an EV charger, with ample storage throughout. Inside, two newer fireplaces add both warmth and updated character, a wine fridge enhances the home’s entertaining appeal, and custom closets add thoughtful organization throughout the home. Owned solar helps keep utility costs down. The backyard is designed for both relaxation and entertaining, with a large covered pergola strung with Edison lights, a pool with flagstone surround, a separate gazebo, and low-maintenance artificial turf, all framed by mature tropical landscaping for true privacy. Additional features include an outdoor fridge, outdoor shower, and a storage shed for added functionality. Beyond the fence line, golf course and mountain views create an elevated outdoor experience. With close proximity to schools, the award-winning Poway school district, golf, and everyday amenities, this property stands out for its lot size, livability, and overall versatility.

Mortgage Calculator

Est. Monthly Payment

$9,563

Principal & Interest$7,585
Property Tax$1,500
Insurance$437
HOA$41
%($300,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$5,317
Monthly Cashflow

Rent − PITIA

$-4,246
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,719

Mortgage (P+I)
$7,585
Cap Rate
0.69%
Cash-on-Cash
-26.87%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$14,043

NOI (Annual)
$10,393
Price-to-Rent

Lower = better for investors

23.5

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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